Sitting on almost 17 acres in Montecito, CA, the six-bedroom, eight-bathroom home is straight out of a luxurious, Tuscan-style fairy tale. The home, which is known as "The Villa," was built in the 1930s and boasts sweeping views of mountains and the Pacific Ocean. There are two swimming pools, a sunken tennis court, multiple libraries, and "Jordan Hall," which is the massive guest house filled with all the amenities typically located in a family home. Did we mention there are NINE fireplaces throughout the estate? This home is nothing short of magical.

Ellen opened up to Sotheby's about the 10,000-square-foot estate and what it means to her. "The house is always surprising," she said. "It reveals itself to you in new ways every day. It's not overly manicured or tidy. It's not overly precious or perfect. And it's a home that manages to be both spacious and cozy at once."

Just as her real estate portfolio would lead you to believe, Ellen was completely involved in the restoration of the home since the couple purchased it in 2013. "If you think of your home as a canvas — regardless of its style of architecture — you can put anything on it," she said, adding, "I tend to keep painting the painting until it's so done, there's nothing left to do. That's when I sell the canvas and buy a new one." Maybe Ellen will include some products from her chic new dishware line for the lucky buyers of her Santa Barbara "canvas."